Kallo Inc. (KALO)

[bh2614]

No, I'm not selling. My position is small - 6,300 shares at .32. But I flipped it twice early on for a good profit so my real net buy price is around .18. I'm down too far to sell now.

I believe in their vision and think they fill a big void in the health care space. KALO has the potential to be very successful.

I would buy more shares (hundreds of thousands, probably) if their management showed any inclination at all to inform shareholders about what they are up to (and not through Quality Stocks).

If the CEO would personally have the gumption to step up and say something positive, show some confidence, reinforce the moral of the troops and be a leader, that would be nice.

Even nicer would be some actual cash flowing into the coffers. I will believe it when I see it.

It's been six months since the contract announcement and still no product delivery and no money. The CEO is running around Africa trying to sign more contracts.

How about fulfilling the one contract you already have?

Other countries would beat a path to your door and you wouldn't have to waste time chasing.

So, no I'm not selling. I am hoping to buy more - but give me a reason.